Working Capital
Working Capital equal Current Assets minus Current Liabilities and called also Net Current Assets or Net working Capital
OpenFinancial Dictionary
Accounting & Finance Terms (English)
Working Capital
Working capital is the difference between current assets and current liabilities. It measures the company’s short-term financial health and its ability to pay obligations due within one year.
OpenWorking Capital
Working capital is current assets minus current liabilities.
OpenWorking Capital Statement (WCS)
Working Capital Statement (WCS) is part of the financial statements ,Statements of Cash Flows or Changes in Financial Position. The WCS normally includes sections covering: Sources of Working Capital,...
OpenWorking Capital Turnover - WCT
shows how efficiently Working Capital (WC) is employed, i.e., it measures how efficiently the business is using its available assets. WCT measures the amount of Net Revenue generated per monetary unit...
OpenXBRL
eXtensible Business Reporting Language - A standardized digital language for business and financial reporting.
Openyear-to-date net income
A company's net income from the start of the current accounting year until a specified date. For example, the year-to-date net income at december 31, 2023 for a calendar year company is the net income...
OpenYellow Book
Written by the general accounting office, the yellow book sets forth standards to be followed in auditing the financial statements of entities that receive federal financial assistance. "Yellow Book" ...
OpenYEN
is the currency of Japan. Its subdivisions are 100 sen and 1000 rin.
OpenYield
is the annual return on an investment, expressed as a percentage. The yield to redemption or maturity (the same thing) combines the running yield with the "pull to redemption"; thus a bond which has a...
OpenYIELDDISC
Returns the annual yield for a discounted security; for example, a Treasury bill
OpenYIELDMAT
Returns the annual yield of a security that pays interest at maturity
OpenYTD
is Year To Date; meaning the period beginning of the calendar year, January 1st of the current year, or the fiscal year up until today's date.
OpenZBB
Means Zero based budgeting
OpenZERO BASED BUDGET - ZBB
is where the expenses or costs of the prior year are not taken into consideration when establishing expense or budgetary levels looking forward. Each expense category starts from zero. All expenses or...
OpenZero Rated
denotes goods on which the buyer pays no value-added tax although the seller can claim back any tax he/she has paid.
OpenZero Rated Sales
is when a sale is taxable at the rate of 0%, i.e. no sales tax. Some examples could be: basic groceries, prescription drugs or certain medical devices.
Openzero-based budgeting
Rather than the previous year's budget being the starting point for the next budget, a zero-based budget assumes no activities: everything in the budget must be justified.
OpenZero-minus tick
In stock markets, a price which is the same as that for the previous transaction, but less than that of the trade before that. Also known as a zero-downtick.
OpenZero-plus tick
In stock markets, a price which is the same as that for the previous transaction, but greater than that of the trade before that. Also known as a zero-uptick.
OpenZero-Rated Supply
A zero-rated supply is a taxable supply where VAT is charged at 0%.
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